Auditors aren’t the police—and we don’t have magic goggles -but a good audit makes fraud harder to pull off, easier to spot, and less costly if it happens.
Think of us as the people who check the locks, test the alarms, and make sure the lights actually work.

What we’re responsible for
Our job is to obtain reasonable assurance that your financial statements are free from material misstatement—whether caused by error or fraud.
That means staying sceptical, asking the awkward questions, and designing tests around where risk lives.

How we find the weak spots
We map your processes (sales, purchasing, payroll, cash) and ask where incentives, opportunity, and pressure meet—the classic risk triangle.
Areas that often deserve extra attention: revenue cut-off, inventory counts and adjustments, manual journals near year-end, supplier set-up, and payroll changes.

Red flags we keep an eye on

• Round-number or late-night journals
• Rapid revenue growth without matching cash
• Duplicate suppliers or missing tax details
• Old reconciling items that never clear
• Inventory write-offs with thin explanations
• Payroll anomalies (ghost employees, duplicate bank accounts)
• Reluctance to share audit trails or system access logs

Collaboration beats suspicion

Fraud prevention works best when management and auditors pull together:

• Tone at the top: Leaders make it clear that shortcuts aren’t clever.
• Segregation of duties: No one person should authorise, record, and hold assets.
• Reconciliations: Monthly is ideal; quarterly is the minimum.
• Whistleblowing: A safe channel encourages people to speak up early.
• Data checks: Simple exception reports catch duplicates and odd patterns.

Real stories, real fixes

• Procurement scheme stopped: Multiple vendors pointed to the same bank account. Vendor vetting was tightened; losses capped.
• Early revenue corrected: Goods weren’t delivered, but invoices were raised. Dispatch controls were improved and training rolled out.
• Payroll leak avoided: Overtime spiked in one team. Approvals were bypassed; the workflow was fixed and back pay reviewed.

Alongside audits, we help you build strong processes: Statutory Audits, Audits of Fiscal Units, Assistance with the Preparation of Financial Statements, Share Transfers, Compilation of Tax Returns and Tax Refund Claim Forms, Shareholder Registration for Tax Purposes, Compilation of Dividend Warrants, Assistance with Company Dissolution, Liquidation Audits and Scheme of Distribution, plus Section 73 Expert Reports.

Want a practical fraud-risk check with clear actions?
Get in touch (+356) 2776 3114 • (+356) 9987 3855 • elvira.tabone@experia-malta.com • (+356) 9982 9804 • christienne.spiteri@experia-malta.com